Trickum Ops, LLC
Reduce Turnover / Hire Better Candidates / Get More Applicants (and fulfilled interviews)
We've partnered with Sprockets as a way to help our QSR clients dramatically reduce their Employee Turnover.
Sprockets is a technology company that's developed an AI-platform specifically designed for businesses with hourly employees. Essentially, their service automates and instantly matches (scores) applicants' qualities vs your best employees and lets you know in real time. Plus, they drive applicants (that are already in your system) to reapply via an automated text function. It's more then that but that's it in a nutshell. More applicants, better hires, and increased retention. And, the results have been spectacular (including the cost - one new hire basically pays for it).
They've worked with loads of QSRs and it's been successful wherever they've incorporated their service. Below is a Bojangles case study (detailing $134K in Employee Turnover savings) as well as an overview of what they do.
Also, we've created a program to analyze the cost/benefit based on your specific numbers before / after incorporating Sprockets and a couple of other ideas (it even factors in the additional WOTC savings). You can download it below.
I know you provide AFLAC for your employees (which is great - we're fond of AFLAC and have many clients offering their policies). That said, it can be a pain to administer and participation rates are sometimes not great (these plans are specific and targeted). Two benefit ideas to help entice new hires and retain your employees (without breaking the bank): Employee Assistance Program (via our partnership with Health Access Solutions - 100% Employer Paid - like a mini-health plan) | Limited Medical Plan (via our partnership with Axis - customizable benefits - basically, it consolidates several AFLAC-like plans into one plan) --- each of these plans are easy-to-set-up, enroll, administer, & customize [another idea to entice employee loyalty is to offer a 24/7 Unlimited Telemedicine Benefit - if done via the business, it's only approx. $10/mo per participant]. Please note: you can customize the eligibility requirements for each of these plans (ie: 30/60/90 days work requirement before eligible - you can use the WOTC/Benefits Analysis tool to see the possible impact for different eligibility dates).
Sprockets is main driver and will definitely help you hire better employees and retain them longer.
I'd love to set up a demo and show you why (and how) Sprockets' been so effective and discuss any of the other benefit ideas that I mentioned (please schedule a time via www.owneronlybenefits.com/employeeturnover).
We've helped other QSR Franchisees significantly lower their energy expenses and improve cash flow. Yes, we can still help you find the best natural gas rates for your GA locations with no cost, no effort, or no contract (www.owneronlybenefits.com/energy --- but that's probably a minor cost vs your electricity expense - still, it adds up and every $ counts).
What we can do is help curtail & control your electrical expense to the tune of a 10-30% Reduction (proven & documented).
===============================================================================
Our agency's entered into several strategic partnerships (like with Sprockets) to help our clients lower costs and improve their margins (particularly for Hospitality and QSR companies).
One of these partnerships is with Madison Energy Group.
Madison Energy Group, one of the top Energy Engineering Control Companies on the East Coast, has saved businesses $ millions in annualized costs throughout the country via their patented energy saving technologies. Their products have been proven to reduce energy usage, prolong equipment (HVAC, Freezers, etc..) and easily retrofit with existing equipment.
================================================================================
We have loads of examples documenting the annualized energy savings for a multitude of QSRs (Wendy’s, Taco Bell, McDonalds, BoJangles, etc…..). The results speak for themselves: fast ROI (usually within 12 months), large energy reduction, lower equipment maintenance, and cash-flow friendly financing options. For instance, there's a BoJangles franchise group that's saving $252K per year (with a 12 month ROI) from integrating just a couple of the patented products with their HVAC & Freezers.
To see all of our documented QSR Energy Savings, learn about their technology, and schedule a time for a short exploratory conversation please visit www.owneronlybenefits.com/energysavings.
Let's talk soon. Obviously, not all of these solutions will work for you but I'd hate for 2024 to pass by when I know we can help solve the employee turnover issue and increase your profitability.
I look forward to speaking with you soon.
Warm Regards,
Spence
Spencer White
President
Reduce Energy Costs 10-30%
Ideas to Recruit, Reward, and Retain Key Employees:
1. Executive Medical Plan - Reimburses participants for out-of-pocket medical expenses (deductibles, co-pays, etc...) up to $100K. *Premiums paid (and expensed) by the business and benefits received tax-free. Company selects participants and can start anytime. Perfect for key employees delaying a medical procedure because of the out-of-pocket medical expenses (co-pay / deductible / etc...) or if you wanted to incentivize employee loyalty (or reward them). Here are several case studies for your review. A great way to attract, retain, and reward your best employees!
2. 162 Plans - for Select, Highly Valued Employees. Sometimes called Double Bonus Plans or Supplemental Executive Retirement Plans (SERPs) [utilizing IRS Section 162], essentially participants enjoy individualized life, disability, and long-term care insurance plans paid via the company. However, to keep the proceeds from being taxable, participants must include these payments as income (hence, the "double bonus" part - the company "bonuses" the tax requirement as well).
Key Employee Carve-Outs
Improved Employee Communication for Increased Productivity, Performance, and Retention
We've partnered with an innovative technology company (Shift) that's developed a "Roku-Like" device that allows for immediate information dissemination (just plug it into an hdmi port). It's been especially well-received with QSRs / Restaurants, Hospitality, and Franchise groups.
1. Immediate Employee Notification (even on location): Instructions, Company and Legal Notices, Employee Recognition, Product and Sales Pushes (with incentives)
2. Low-Cost / High-ROI
3. Information Centrally Controlled & Disseminated On-Demand